Property Description 
This 7-family house is located in a prime location in Essen-Bochold. It is a very well-maintained house with good building structure. The water pipes are made of copper, and there have been no water damage incidents for over 12 years. The two attic apartments were built about 20 years ago. All apartments have a balcony, and the ground floor apartment has a terrace with a garden. The house is fully rented out with a long-standing and dependable tenant structure. Current annual rental income (including garages) is 37,380.00 EUR. 

Price Thoughts 
The property's asking price of 690,000€ seems reasonable considering its prime location, well-maintained condition, and stable rental income. With its solid tenant structure and potential for steady rental income, this property could be a promising investment opportunity for those looking to enter the real estate market in Essen.

Objektbeschreibung                          Das 7-Familien Haus liegt in guter Lage in Essen-Bochold.Es ist ein sehr gepflegtes Haus mit guter Bausubstanz. Die Wasserrohre sind aus Kupfer. Seit über 12 Jahren kein Wasserschaden. Die zwei Dachgeschosswohnungen wurden erst vor ca. 20 Jahren ausgebaut. Alle Wohnungen haben ein Balkon. Erdgeschosswohnung hat eine Terrasse mit Garten.Das Haus ist vollvermietet. Langjährige und solide Mieterstruktur.Aktuelle Jahreskaltmiete (inkl. Garagen): 37.380,00 EURBitte keine Makleranfragen.

House for sale in Essen, Germany

Property description:

Single-family house with separate apartment, built around 1985, living space: 180m², garage included, entries in the land charge register. 

Thoughts on price:

The asking price of 412,000€ seems reasonable for a property of this size and age, especially considering the added value of having a separate apartment. The location in Essen also adds to the attractiveness of this property, making it a good investment for potential buyers.

Objektbeschreibung                          Einfamilienhaus mit Einliegerwohnung, Baujahr: ca. 1985, Wohnfläche: 180m², Garage vorhanden, es bestehen Eintragungen im Baulastverzeichnis

Property Description:
Leasehold for a 2-family terraced house in a hillside location. The house is two-storey, basement, with a flat roof and a living space of 168.09 m², as well as a garage. It was built in 1970, the garage followed in 1973, and the roof was newly covered around 1990. Additionally, there is a share of 1/5 in a garage courtyard (376 m²). The layout is as follows: In the basement there is a basement hallway, 2 basement rooms, and a laundry room. The first apartment on the lower floor consists of a hallway, 2 rooms, a terrace, and covers 45.09 m²; on the ground floor, there is a hallway, a guest WC, a kitchen, a living/dining room, and a balcony with 58.76 m². The upper floor of the second apartment has a hallway, a wardrobe, a guest WC, a bedroom, a bathroom/WC, a kitchen, a living room, and a balcony, totaling 64.24 m². One room in the lower floor serves as a connecting room; it is heated by night storage heaters. The hot water is provided by a flow heater and an under-counter unit. The residential building is in average condition with mainly original fittings and needs refurbishment in certain areas. The leasehold is valid until July 2068.

Price Thoughts:
The property is listed at a market value of 279,000.00 EUR. However, there is the opportunity to secure a discount of up to 30% on the market value, potentially allowing you to purchase the property for only 195,300.00 EUR. Additionally, there are no notary fees or agency commissions involved in this transaction. The property is being auctioned at the local district court, presenting a unique opportunity to acquire this property at a discounted price. This property is one of many interesting properties featured in our monthly cost-effective REAL ESTATE AUCTION CATALOG. Contact us for more information on how to purchase your dream property affordably.

Objektbeschreibung                          Erbbaurecht für ein 2-Familien-Reihenmittelhaus in Hanglage. Das Haus ist zweistöckig, unterkellert, hat ein Flachdach und eine Wohnfläche von 168,09 m², sowie eine Garage. Es wurde im Jahr 1970 erbaut, die Garage folgte 1973 und das Dach wurde um 1990 neu gedeckt. Zusätzlich gehört ein Anteil von 1/5 an einem Garagenhof (376 m²) dazu. Die Raumaufteilung ist wie folgt: Im Keller befinden sich ein Kellerflur, 2 Kellerräume und eine Waschküche. Die erste Wohnung besteht im Sockelgeschoss aus einem Flur, 2 Zimmern, einer Terrasse und umfasst 45,09 m²; im Erdgeschoss gibt es eine Diele, ein Gäste-WC, eine Küche, ein Wohn-/Esszimmer, sowie einen Balkon mit 58,76 m². Im Obergeschoss der zweiten Wohnung befinden sich eine Diele, eine Garderobe, ein Gäste-WC, ein Schlafzimmer, ein Bad/WC, eine Küche, ein Wohnzimmer und ein Balkon, insgesamt 64,24 m².Ein Zimmer im Sockelgeschoss fungiert als Durchgangsraum; es wird durch Nachtspeichergeräte beheizt. Das Warmwasser wird durch einen Durchlauferhitzer und ein Untertischgerät bereitgestellt. Das Wohnhaus zeigt einen durchschnittlichen Zustand mit hauptsächlich Ausstattung aus dem Baujahr und Instandsetzungsbedarf in bestimmten Bereichen. Das Erbbaurecht gilt bis Juli 2068.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 279.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 195.300,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

Property Description
The 7-family house is located in a prime location in Essen-Bochold. It is a very well-maintained house with a solid structure. The water pipes are made of copper, and there has been no water damage for over 12 years. The two attic apartments were built out approximately 20 years ago. Each apartment has a balcony, while the ground floor apartment has a terrace with a garden. The house is fully rented out with a long-standing and stable tenant structure. The current annual cold rent (including garages) is 37,380.00 EUR.

Thoughts on Price
At 690,000€, this property offers a great opportunity for investors looking for a strong rental income. With its well-maintained structure and stable tenant base, it provides a solid return on investment. Additionally, the prime location in Essen-Bochold adds to the property's value potential. It's a rare find in the market and a great investment opportunity.

Property Description:
This 7-unit apartment building is located in a prime location in Essen-Bochold. It is a well-maintained property with a solid structure, featuring copper water pipes with no water damage for over 12 years. The two attic apartments were recently renovated approximately 20 years ago. Each unit comes with a balcony, and the ground floor apartment has a terrace with a garden. The building is fully rented out with a long-standing and reliable tenant base. The current annual rental income (including garages) is 37,380.00 EUR.

Price Thoughts:
The property's price tag of 690,000 EUR is justified considering its excellent condition, prime location, and stable rental income potential. With a fully rented building and loyal tenants, this investment opportunity promises a steady stream of income for the new owner. Additionally, the recent renovation of the attic apartments adds value to the property, making it an attractive option for potential buyers looking for a hassle-free investment with long-term rental prospects.

Property Description                         
This 7-family house is situated in a prime location in Essen-Bochold. It is a very well-maintained house with a solid structure. The water pipes are made of copper, and there have been no water damages for over 12 years. The two attic apartments were converted approximately 20 years ago. Each apartment has a balcony, and the ground floor apartment features a terrace with a garden. The house is fully rented out with a longstanding and reliable tenant base. The current annual rental income (including garages) is 37,380.00 EUR. Please, no inquiries from real estate agents.

Price thoughts:
Considering the excellent condition of the property, its prime location, and the stable rental income, the asking price of 690.000€ seems reasonable. This property would be a great investment opportunity for those looking to add to their real estate portfolio.

Property Description

This 7-family house is located in a prime location in Essen-Bochold. It is a well-maintained property with a solid construction. The water pipes are made of copper, and there has been no water damage for over 12 years. The two attic apartments were newly renovated about 20 years ago. Each apartment has a balcony, and the ground floor unit also has a terrace with a garden. The property is fully rented out with a long-standing and reliable tenant structure. The current annual cold rent (including garages) is €37,380. 

Thoughts on Price

Considering the desirable location, well-maintained condition, and stable rental income, the asking price of €690,000 is competitive in the current market. The property offers a great investment opportunity for those looking to add a multi-family home to their portfolio or continue renting out to generate income.

House for sale in Essen, Germany

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